Tag: digital currencies
US crypto bank Silvergate shuts down – share loses over 30 percent
Silvergate Bank headquarters in San Diego The California bank has primarily traded in cryptocurrency transactions. (Photo: Bloomberg) Denver The American crypto bank Silvergate is being liquidated. All deposits would be…
Competitor Bitpanda commissions KPMG with a special audit
Bitcoin illustration The FTX bankruptcy shakes the crypto sector. (Photo: IMAGO/Panthermedia) Frankfurt After the collapse of the FTX crypto exchange, the Viennese competitor Bitpanda commissioned KPMG to carry out a…
Cryptocurrency For Beginners: Everything You Need to Know
Cryptocurrency has been used to refer to everything from a precarious investment to future currency. Since cryptocurrencies are a sophisticated and unique technology available, theories and strategies surrounding them spread…
Mark Zuckerberg apparently abandons crypto project Libra
Facebook CEO Mark Zuckerberg The Facebook group, which now operates under the name Meta, is involved in the Libra digital currency project. (Photo: AP) New York, Dusseldorf Mark Zuckerberg wanted…
Mastercard wants to accept Bitcoin as a means of payment
Credit card There are still no hardware devices in the supermarket to accept bitcoins: Mastercard therefore has to convert crypto-coins into an ordinary currency during the transaction. (Photo: AP) Dusseldorf…